Tax Strategies

The Democratic lawmaker proposed that the government should lend money to billionaires with large paper fortunes to help them pay wealth taxes.

The White House is considering throwing its weight behind a push to increase a capital gains tax exemption for primary home sales.

President Trump is looking for new policy pledges he can present to voters, including potentially calling on Congress to cut capital gains taxes.

New York City's new pied-à-terre tax is prompting financial advisors to help wealthy clients reassess their options, from residency status to estate plans.

Charitable remainder annuity trusts can be helpful, but advisors should be careful to follow new guidance issued by the IRS and U.S. Treasury Department.

The Senate Finance Committee voted nearly unanimously to approve a wide-ranging bipartisan tax administration bill aimed at improving operations at the IRS.

A documented compensation study protects a growing C corporation's biggest deduction from being recast as a dividend.

There's little consistency in how businesses across different countries can deduct their capital investments as depreciation, according to a new study.

Only days after the World Cup Final, the IRS released a revenue procedure allowing tax-exempt foreign members of FIFA to avoid filing a Form 990.

The House Ways and Means Committee held a hearing to advance legislation requiring disclosures of foreign sources of funding for tax-exempt groups and recipients.